OpenAI, ex-Apple designer Jony Ive in talks with SoftBank’s Son to boost $1 bn to construct ‘iPhone of AI’

OpenAI, the maker of ChatGPT and former Apple designer Jony Ive are in superior talks with SoftBank’s Masayoshi Son to boost greater than $1 billion in funding to construct the “iPhone of synthetic intelligence”, stated a report by the Financial Times on Thursday. 

OpenAI has tapped Ive’s firm LoveFrom to develop the ChatGPT creator’s first client gadget, the report stated.

According to the report, talks are stated to be “severe” however no deal has been agreed on, and it might be a number of months earlier than a enterprise is formally introduced.

OpenAI’s chief Sam Altman, Ive and Son have mentioned creating an organization that might draw on expertise and know-how from their three teams, added the report. 

Tech web site The Information first reported on Tuesday that Ive and Altman have been discussing constructing a brand new AI {hardware} gadget and that Softbank’s Son has additionally been concerned in some elements of the dialog.

Tech web site The Information first reported on Tuesday that Ive and Altman have been discussing constructing a brand new AI {hardware} gadget and that Softbank’s Son has additionally been concerned in some elements of the dialog.

Ive has spent greater than 20 years at Apple. He was a detailed inventive collaborator with the tech big’s co-founder Steve Jobs. 

Ive had led the design of the candy-colored iMacs that helped Apple re-emerge from close to dying within the Nineties in addition to the design of the iPhone.

Earlier this month, the FT had reported that SoftBank has been on the lookout for offers in AI, together with a possible funding in OpenAI, after the blockbuster itemizing of its Arm unit. 

It additionally stated that Son was trying to make investments tens of billions of {dollars} within the know-how.

After the outstanding success of ChatGPT, OpenAI has prompted corporations equivalent to Microsoft and Alphabet to pour billions of {dollars} into investing within the know-how.

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Updated: 29 Sep 2023, 01:32 AM IST